Home / Topics / Taxes Quotes

Taxes Quotes

Browse 3462 quotes about Taxes.

Taxes Quotes

“And most of all, it means continually drawing connections among these seemingly disparate struggles—asserting, for instance, that the logic that would cut pensions, food stamps, and health care before increasing taxes on the rich is the same logic that would blast the bedrock of the earth to get the last vapors of gas and the last drops of oil before making the shift to renewable energy.”

Source: This Changes Everything: Capitalism Vs. The Climate

“First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.”

Firsts Energy Pay Company Share Industry Higher Taxes Percent Fairs Rate Currents Oil Debate Despite Gas Fair Share Oil And Gas

Author:John S. Watson

“Denmark is charging a fat food tax on cheese, meat, and oil. Here, we call that the Denny's Grand Slam breakfast.”

Taxes Oil Fats Meat Breakfast Cheese Slam Charging Denmark

Author:Jay Leno

“The export of oil, the export of minerals, will for many decades continue to be a critical part for the growth of African economies. The emphasis is on diversification. We have for many years - not just in South Africa but in many parts of the continent - spoken about beneficiation. And I think part of the secret, in relation to beneficiation, is you have got to make it attractive, profitable for the private sector - and it will take off. You may have to look at mechanisms like tax concessions... You will not have to worry about beneficiation if it makes commercial sense.”

“Basically the tax reform ideas are to clean up the tax system and to eliminate the loopholes that only very few make use of, to eliminate the possibility of people making millions of dollars every year and not paying any tax at all through oil depletion allowances and things like that.”

People Years Ideas Use Millions Possibility Taxes Dollars Clean Oil Reform Allowance Loopholes Tax System Tax Reform

Author:Warren Beatty

“If anybody is so mad at Vladimir Putin, you know what they could do? They could advocate for a gas tax. He gets all his leverage from selling gas and oil. If we had a gas tax that made that less palatable, he would be less of a player on the world stage.”

Ifs Knows World Made Would Be Player Stage Taxes Mad Oil Selling Gas Putin

Author:Bill Maher

“Government, not the oil industry, is the biggest 'profiteer' from oil. And it uses the tax revenue to expand its own authority at the expense of the individual, as it does with an endless number of other industries - including electric power, coal, lumber, pharmaceuticals, automobiles, aircraft, and agriculture. The Statist's intrusion to the free market is boundless.”

Source: Liberty and Tyranny: A Conservative Manifesto

“The oil industry is hardly free to operate as efficiently as it could or to be as responsive to consumer demands as it would like. It has become, in essence, a quasi-state-run enterprise, because it cannot drill, transport, refine, and store fuel without receiving government permission, complying with government regulations, and paying taxes at every level or production.”

Source: Liberty and Tyranny: A Conservative Manifesto

“...in terms of business mistakes that I've seen over a long lifetime, I would say that trying to minimize taxes too much is one of the great standard causes of really dumb mistakes. I see terrible mistakes from people being overly motivated by tax considerations. Warren and I personally don't drill oil wells. We pay our taxes. And we've done pretty well, so far. Anytime somebody offers you a tax shelter from here on in life, my advice would be don't buy it.”

People Trying Wells Long Done Would Be Causes Term Pay Mistake Too Much Advice Terrible Offers Taxes Standards Lifetime Oil Dumb Consideration Motivated Shelter Long Life Drills Really Dumb

Author:Charlie Munger

“The House okayed the gasoline tax cut, which will increase the deficit, line the pockets of the oil companies, and hurt the environment; Dole said that if there was just some way this could interfere with people's sex lives, it would be perfect legislation.”

People Ifs Way Said Would Be House Sex Hurt Lines Perfect Company Environment Cutting Taxes Increase Oil Pockets Interfere Legislation Deficit Tax Cuts Gasoline Oil Companies

Author:Bill Maher

“The biggest industrial sector next to real estate is oil, gas and other mineral resources. They don't report any taxable income, because if you depict yourself as earning a profit, you have to pay a tax on it. So, it's all about what accountants choose to declare as profit.”

Ifs Real Next Pay Taxes Resources Profit Oil Income Reports Gas Estates Earning Accountants Minerals Mineral Resources

Author:Michael Hudson

“For the last 50 years, the federal government has taken out of the Gulf Coast $165 billion in taxes that came from oil and gas off of our coast that went to the federal Treasury, to rebuild all places in America except the place that it came from.”

Years Government Lasts America Taken Taxes Oil Billions Gas Federal Government Coast Treasury Oil And Gas

Author:Mary Landrieu

“If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.”

Ifs Mean Kids Company Break Cutting College Taxes Dollars Oil Billions Corporate Gas Owners Millionaire Scholarship Jet Billionaire Tax Breaks Oil And Gas

Author:Barack Obama

“What the oil producer gets paid is about 16 percent. The majority of it is tax, which in fairness to the government of this country they have accepted and admitted.”

Country Government Taxes Percent Paid Majority Oil Accepted Producers Fairness

Author:Olusegun Obasanjo

“Mitt Romney has won the 2012 presidential nomination by promising Republicans that he would end a so-called 'culture of dependency' on welfare - welfare defined as 'free stuff' and food stamps for poor folks, not tax breaks for Big Oil or tax shelters for Bain executives.”